FPX Nickel makes high-grade, near-surface discovery with first holes at Van target
FPX Nickel (TSXV: FPX) says it has made a significant new nickel discovery with the first two holes it drilled at the Van target at its Decar project, 90 km…
Iron Ore
The View from England: Short iron bogey
It is a difficult time to be an iron ore analyst, especially if you’re also a European golfer. The 43rd biennial clash between golfing teams from the United States and…
Mick Davis walks away from Guinea vehicle he founded
Mining veteran Mick Davis has cut ties with Niron Metals, an investment vehicle he co-founded in 2019 to develop Guinea’s Zogota iron ore deposit, previously owned by BSG Resources (BSGR). The former Xstrata boss, who was chair of…
Bank of America cuts iron ore price forecasts
The Bank of America’s global research team is lowering its price forecast for iron ore fines in 2022 by 45% to US$91 per tonne (down from its previous forecast of…
JV article: Emesent’s Hovermap valuable tool after earthquake at Swedish iron ore mine
On the morning of May 18, 2020, an earthquake measuring 4.1 on the Richter scale rocked northern Sweden, inflicting serious damage to the century old LKAB iron mine in the…
Rio Tinto hit with fresh tax bill in Australia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the Australian Taxation Office (ATO) dating…
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’ with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that…
Export credit agencies provide funds for Horizonte’s Araguaia project
Horizonte Minerals (TSX: HZM; LSE: HZM) has nailed down US$146.2 million from export credit agencies in Denmark and Finland to partly fund construction of its 100%-owned Araguaia ferro-nickel project in…
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference….
Volvo buys world’s first fossil-free steel
The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB Oxelösund to its first customer, Volvo Group. The product was manufactured in northern Sweden, using the…
BHP fired 48 workers in two years for sexual harassment
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) revealed this week that it has fired 48 employees since 2019 for sexual harassment at its remote fly-in, fly-out (FIFO) mines in Western…
BHP looks to the future; US Senate passes infrastructure bill
After years of indecision and US$4.5 billion (pre-tax) invested in development since 2008, BHP has announced that it will move forward with its Jansen potash project in Saskatchewan and approved…